MBIE wrong about KiwiBuild costs - Twyford

Housing Minister Phil Twyford has dismissed figures from his own officials suggesting KiwiBuild homes will be much less affordable than the Government has claimed.

Ministry of Business, Innovation and Employment (MBIE) documents released to Newshub Nation last week under the Official Information Act suggested first-home buyers would need a household income of $114,000 a year to afford a so-called affordable $600,000 KiwiBuild home.

That's above the average nationwide household income of $98,000, and just shy of the Auckland average of about $120,000.